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China Merchants Energy Shipping Co Ltd

Common Name
China Merchants Energy Shipping
Country
China (Mainland)
Sector
Energy
Industry
Oil & Gas Midstream
Employees
5,279
Ticker
601872
Exchange
SHANGHAI STOCK EXCHANGE
Description
China Merchants Energy Group Co., Ltd. is a prominent player in the energy sector, focusing primarily on the transportation and logistics of crude oil and refined petroleum products. As a vital entity...

China Merchants Energy Shipping's Climate Target Data Preview

As of 2024, China Merchants Energy Shipping has disclosed 3 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 3 absolute reduction targets, signaling the company's commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into China Merchants Energy Shipping's climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2030
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2040
Absolute-based Target*
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2050
*. This target is limited in scope and does not represent the company's full operational or organizational boundaries
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Verified Sources Behind China Merchants Energy Shipping’s Climate Targets Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore China Merchants Energy Shipping’s data sources below and access millions more through our Disclosure Search.

a. China Merchants Energy Shipping's ESG Report 2024
a. China Merchants Energy Shipping's ESG Report 2024

Insights into China Merchants Energy Shipping's Greenhouse Gas Emissions Pathways

As of 2024, China Merchants Energy Shipping has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions.a

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